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17975 Collins Avenue

Adriana Vargas Hernandez Closes $9.1M Condo Sale In Sunny Isles Beach
SOLDCondo

Adriana Vargas Hernandez Closes $9.1M Condo Sale In Sunny Isles Beach

17975 Collins Avenue

$9,100,000

$2,075/SF

Building Size

4,385 SF

Asset Type

Condo

Closing

May 6, 2024

AI

The property involved is a condo located at 17975 Collins Avenue Unit 1502 in Sunny Isles Beach. The transaction closed at a sale price of $9,100,000 for a total area of 4,385 square feet, equating to a price per square foot of $2,075.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $9,100,000
  • Market: Sunny Isles Beach
  • Buyer's Representative: Adriana Vargas Hernandez - Acqualina Realty
  • Buyer's Representative Contact: [email protected], 305.389.5428

The buyer's representative for this deal was Adriana Vargas Hernandez from Acqualina Realty, who successfully closed unit 1502 at The Estates at Acqualina Residences. The exclusive off-market listings for sale and rent within The Estates at Acqualina are now available through Adriana Vargas Hernandez for private previews and detailed information.

Players

Adriana Vargas Hernandez

Acqualina Realty

Broker

$206.5M

vol

29 deals

Broker

Sunny Isles Beach Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.74%

Cash-on-Cash

-0.50%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93